INDIA: JOINT VENTURES IN INDIA'S ATOMIC ENERGY: ANY TAKERS?

Published On: 01/02/2017

Authors:

The Atomic Energy (Amendment) Act, 2015 (the "Amendment Act") essentially expanded the definition of "Government Company" in the Act to include a joint venture formed between NPCIL and a PSU. This article considers the implications of the Amendment Act, assesses its impact over the year since the Act was amended and more importantly, puts it into context of the estimated capital costs of a nuclear build out.